Gamehost (TSE:GH) Hits New 52-Week High - Should You Buy?

Gamehost Inc. (TSE:GH - Get Free Report)'s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as C$11.39 and last traded at C$11.39, with a volume of 500 shares. The stock had previously closed at C$11.37.

Gamehost Stock Performance

The business has a 50-day moving average of C$10.20 and a two-hundred day moving average of C$10.30. The company has a debt-to-equity ratio of 44.97, a current ratio of 0.90 and a quick ratio of 0.54. The company has a market cap of C$239.35 million, a P/E ratio of 12.07, a P/E/G ratio of 17.43 and a beta of 1.46.

Gamehost Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, June 13th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.26%. Gamehost's dividend payout ratio is currently 50.84%.

Gamehost Company Profile

Gamehost Inc, together with its subsidiaries, operates hospitality and gaming properties in Alberta. It operates through Gaming, Hotel, and Food and Beverage segments. The company's gaming activities include the operation of company owned table games, electronic gaming tables, government owned slot machines, video lottery terminals, and lottery ticket kiosks, as well as the provision of food, beverage, and entertainment services.